SB 2339

  • Hawaii Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 19, 2024
  • Senate
  • House
  • Governor

Relating To State Finances.

Abstract

Allows HHFDC or a county to establish a bond recycling program authorized by federal law. Allows HHFDC or a county to secure a line of credit or other instrument of indebtedness for the bond recycling program. Allows the Department of Budget and Finance and HHFDC to enter into an agreement with a county for bond recycling. Requires a county or issuer to submit a report to the Department of Budget and Finance and HHFDC on the status or use of its portion of the volume cap that is being recycled. Requires a reserve to be maintained for the unsecured portion of debt incurred for the bond recycling program and establishes a reserve for HHFDC as a subaccount of the rental housing revolving fund.

Bill Sponsors (7)

Votes


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Actions


Jan 19, 2024

Senate

Referred to WAM.

  • Referral-Committee
Ways and Means

Senate

Passed First Reading.

Senate

Introduced.

Bill Text

Bill Text Versions Format
SB2339 PDF

Related Documents

Document Format
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Sources

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